Companies
Thursday, 6/25, 11:30 PM
Lawsuit Says Gas Retailers Used AI Software to Coordinate Prices
- A proposed class action accuses seven major fuel retailers and a pricing-software firm, Kalibrate, of using a shared AI pricing platform to soften competition across more than 1,700 California gas stations — alleged 'algorithmic collusion' without anyone meeting in a room.
- The claims are unproven.